Shares continue to plunge today after Managing Director and Senior Equity Research Analyst at Axiom Capital Management, Gordon Johnson, issued a statement saying that he was unsure if the company could survive 2016......Shares of Sunedison Inc (NYSE:SUNE) are down well over 90% over the last six months......…

Mike Bond's "Killing Maine" is a true winner. In fact it just took first prize in Fiction at the New England Book Festival. Mr. Bond's great gifts as a writer become abundantly clear very soon into this masterful book. If you have not yet read this gripping story, I urge you to do so. And please spread the word as it is yet another tool to let people know about what is being perpetrated on Maine and Mainers. (Mike Bond is Chairman of Saving Maine).

From…

SunEdison will be restructuring old loans at a much higher rate and issuing a bunch of stock. Investors' worst fear about the stock is real. SunEdison is cash poor.

If it wasn't, the company wouldn't have to raise money on terms that sounds like this (emphasis ours):

The Second Lien Facilities will be comprised of $500 million of A1 loans, and $225 million of A2 loans, each of which will bear interest at a rate of LIBOR + 10.0% per…

"The turbine is expected to produce about 1 million kilowatt-hours of electricity per year and save the institution more than $100,000 annually in electricity charges. It is expected to save an estimated 572 tons of carbon dioxide from being released into the atmosphere each year, or the equivalent of removing 123 cars from the road". - Bangor Daily News, 11/18/09…

“I don’t think Commissioner Littell’s suggestion that we’re using one set of analyses for wind contracts and another for natural gas contracts has been borne out,” he said......Glen Brand, director of the Sierra Club’s Maine chapter, called on the PUC to release the data…

Selectman Eugene Skibitsky made the motion to table the vote to Jan. 11, 2016, saying he wanted to give the board and residents the chance to review the proposed amendments made by Kristin Collins, a Belfast lawyer.

http://www.sunjournal.com/news/river-valley/2015/12/28/dixfield-selectmen-table-wind-ordinance-vote-until-jan-11/1843820

At a special town meeting Oct. 1, 2014, a majority of the 300 Bristol residents present voted against allowing the offshore-wind project to connect to the power grid in town, although what authority the vote carries remains unclear.…

“Brownie” Carson, the 26-year director of the Natural Resources Council of Maine, has filed paperwork to run for the Maine Senate district representing Brunswick, Harpswell, Freeport and Pownal.…

To lead the Department of Environmental Protection, LePage has nominated Paul Mercer, who has been an associate professor, among other posts, at Maine Maritime Academy since 2006. Those posts have included engineering department chairman, member of the senior leadership team and assistant to the president for sustainability. He also has extensive background in environmental issues including renewable energy development, solid fuels, biomass energy systems and emissions reductions…

Wisconsin Farmer Has Regrets

A spokesman for the Trump Organisation promised to continue the fight and claimed the outcome demonstrated the “foolish, small minded and parochial mentality which dominates the current Scottish Government’s dangerous experiment with wind energy”......

......"A decision to this effect will be a relief for the Scottish Government, but Mr Trump may still not give up just yet. He has one last avenue open to him, the option of taking his case to the European Court - which he has…

Does anyone know where this "Citizens for Responsible Energy Solutions" gets their funding?

This outfit that has been running TV commercials, presumably at great expense, touting the fact that Senator Susan Collins supports wind energy, i.e., using her misguided support to legitimize this useless power source.

See:

https://www.youtube.com/user/CitizensFor

Please see their…

Dec 6, 2015

Call them hedge fund hotels or financial engineering Frankensteins, their complexity and leverage are being looked at with fresh eyes by both rank-and-file investors and hedge fund billionaires.…

Please be sure to read both of these articles on a huge victory for the Maine environment and the average citizen. And a crushing defeat for SunEdison / First Wind.

The Court upheld the Board of Environmental Protection's (BEP's) conclusion that the project's sixteen turbines would have "an unreasonable adverse effect on the scenic character and existing uses related to the scenic character” of nine of the lakes which the State recognizes as "Scenic Resources of State or…

Proponents of wind power in Maine unveiled a report Tuesday at Bangor City Hall touting the growth of wind power over the last decade and its potential to further reduce the harm of climate change.

 “Our message today is clear: Wind power here in Maine is already growing steadily, reducing pollution and helping to reduce the climate crisis,” said Laura Dorle, a campaign organizer for Environment Maine, a Portland-based environmental advocacy group. “But we need policies to provide…

The lab features a 16-foot-deep wave pool with a rotating wind machine. It’s meant to test 1:50 scale models against waves up to 2½ feet, or 125 feet when scaled up, and the scale equivalent of hurricane-force winds......Additional funding came from the U.S. Economic Development Administration, National Science Foundation, Maine Technology Institute and a $5 million voter-approved bond.…

And be sure to see the following link. Bookmark it, read it and read it again. Big picture: Over PUC staff objections, the Maine PUC approved the $1.4 Billion CMP Upgrade which despite BS published about it in the Maine press was one thing and one thing only - a 100% ratepayer funded gift to the wind industry so they could collect their subsidies and sell their REC's while destroying Maine. Kurt Adams was PUC chairman who took over $1 million in stock options from First Wind and then jumped…

FERC’s approval issued Monday would allow Quantum to transfer its interest to Passadumkeag Wind Holdings LLC, which would either be wholly owned by SunEdison or in which SunEdison would own all of the voting securities. In the second arrangement, a subsidiary of…

We are being treated like serfs by Wall Street white collar criminals and their paid off public officials and environmental groups destroying Maine. Please forward this link via email and Facebook to everyone you know in an unorganized territory today. There is not a minute to waste. It is Paul Revere time - spread the word.

In 2008, many rural Mainers found their communities abruptly rezoned for industrial wind development without their…